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20130202
20130202
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CBS
Feb 1, 2013 7:00pm EST
we continue in the upward trajectory. >> darren: alan krueger, thank you for talking with us. >> thank you. >> tom: advertisers are spending more than $3.5 million to advertise during the superbowl. >> susie: a new ticker symbol here at the big board: z-t-s. it's zoetis, the animal health division, spun off today from pfizer. it's the biggest i.p.o. since facebook went public last year. shares jumped 18% from the offering price of $26. as a stand alone company, the new zoetis will be the largest maker of animal health products in the world. so how's it going to be different now that the company is on its own? that's what i asked ceo juan ramon aliax. >> we have leadership innovation, and quality of products. i think we're max miegz the opportunitieses we have in these marketes, which is growing at steady rates. >> susie: juan it's interesting that the animal health business is a huge industry, and yet investors don't know much about it. what is the future? where is growth going to come from? >> two main factors. one is global. the second is the increase of the middle class. a
CBS
Feb 1, 2013 5:30pm PST
arrange the coverage. major garrett is at the white house to sort this out for us tonight. major? >> reporter: scott, in a nod to moral objections, the administration will allow religious affiliated institutions to opt out of providing contraception coverage, but it will allow female employees to obtain that coverage through other insurers. the cost would be born by the insurance companies or health care exchanges. we asked white house press secretary jay carney what the administration was trying to accomplish. what's the balance in the administration is trying to strike with the proposed rules on contraception? preventative services for all women and that includes contraception. and we also needed to respect religious believes. >> reporter: but religious institutions and some private employers aren't so sure. they say it's a gimmick and an unconstitutional one at that. the catholic association's ashley mcguire. what is the wrong you perceive is being done? >> this is an unprecedented attack on the part of the obama administration on religious believers and employers all across t
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